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Find CRA Netfile error information >> HERE!
EAS inc
Returning Member

Non capital loss carryforward is not being allowed to be claimed

Hi, turbo tax is saying there is an error in that the prior year non-capital loss being claimed this year (2024) cannot be greater than the loss available for carryforward, however, I am claiming exactly the same amount that is available to be claimed in the LOSS worksheet.  It is also the same amount that CRA says I have available in last year's NOA.  Please help with this problem. 

8 Replies

Non capital loss carryforward is not being allowed to be claimed

What is the exact error message that you are getting? 

 

 

 

EAS inc
Returning Member

Non capital loss carryforward is not being allowed to be claimed

The error message says "the prior year loss you are claiming in 2024 cannot be greater than the loss available for carryforward".  

 

My LOSS worksheet shows a non-capital loss from prior years of $1010.88 available to be used.  Even if I put $1 in the column 2024 to be claimed, this error still shows up. 

 

Thanks,

 

EAS inc
Returning Member

Non capital loss carryforward is not being allowed to be claimed

Will Turbo Tax software allow me to submit through Netfile with CRA if this error is skipped since the notice of assessment shows this is an allowable claim for 2024 ?  

Non capital loss carryforward is not being allowed to be claimed

When it's under Errors, you must fix it before being able to NETFILE, or you won't be eligible to use this option.

 

For now, CRA is asking everyone with Gains/Losses to wait before using NETFILE, because some details in some forms can create error or even amounts not being reported properly.

 

We have updates planned for this week. We will inform you in this thread as soon as we can.
 

Thank you for your patience.

EAS inc
Returning Member

Non capital loss carryforward is not being allowed to be claimed

Hello, have their been any updates to report?  I have not seen a software update so I assume any changes would be made through a software update?

 

Thanks,

Non capital loss carryforward is not being allowed to be claimed

We had two updates this week. Can you confirm if your issue is resolved? 

 

Thank you for choosing TurboTax

sclair
New Member

Non capital loss carryforward is not being allowed to be claimed

Hello...I'm a different user but I'm getting the same message.

I updated my turbotax today and I'm still getting the same error message : "The prior-year loss you are claiming in 2024 cannot be greater than the loss available for carryforward."

EAS inc
Returning Member

Non capital loss carryforward is not being allowed to be claimed

Hi there,  no the issue was not resolved with the update.  Since it is a carryforward item available for use in future years, I have not claimed this year but also there were other Netfile issues this year between TurboTax and CRA as seen on other threads so once these were resolved, I finally filed through Netfile - I have confirmation it went through.  Disappointed with this added stress and unresolved issue.